# Anyone end up investing in Bitcoins?

**URL:** <https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431>\
**Category:** NYSpeed Off Topic\
**Created:** [October 21, 2013, 8:34pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431 "2013-10-21T20:34:08Z")\
**Posts on this page:** 20\
**Page:** 21

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**Author:** ![rugsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rugsr/32/7474_2.png) [@rugsr](https://forums.speedlife.net/u/rugsr)\
**Post date:** [December 6, 2017, 9:25pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/401 "2017-12-06T21:25:29Z")

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> [@ubengineering](#):
>
> I’m not expert but I got out of Litecoin cause I just see it as a mini Bitcoin. It does everything Bitcoin does except better, but there are other coins not like Bitcoin that do everything Litecoin does better. Say Dash for example. But @**[boxxa](http://www.nyspeed.com/member.php?u=2593)** and @**[choko](http://www.nyspeed.com/member.php?u=239)** can weigh in more on this.
> 
> I try to make every coin in my portfolio have a different purpose.

I just heard about Dash the other day and it looks good. I am keeping some ltc hoping it jumps in 2018

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What do you guys think will happen with futures hits the market this Sunday?

Bitcoin is climbing fast as alt coins drop (everyone trying to make the fork i guess)

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [December 7, 2017, 1:07am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/402 "2017-12-07T01:07:36Z")

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Bitcoin 15K lol wtf idk what to do!

EDIT: I don’t have a problem, I just happen to work midnights is why I’m up

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [December 7, 2017, 4:06am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/403 "2017-12-07T04:06:51Z")

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Yea Litecoin sucks. The only thing they did was implement segwit before bitcoin which essentially turned them into a test place for bitcoin.

Ive been futures trading a lot with leverage so pretty much up at night anytime we have a move. Little sleep the last few weeks.

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**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\
**Post date:** [December 7, 2017, 5:19am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/404 "2017-12-07T05:19:07Z")

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I was hoping for a dip but damn it kept going up last night.

Should I just buy some now. I linked my bank account. How fast do transaction happen? I probably can’t trade it fast enough to make money and buy it back before it goes up again.

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Should I transfer money from my bank account to the wallet and then buy BTC or just buy it directly from my bank account?

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 7, 2017, 6:11am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/405 "2017-12-07T06:11:15Z")

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If you buy on coinbase the transaction takes 5-7 days to show up in your account but you buy at current price

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**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [December 7, 2017, 6:18am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/406 "2017-12-07T06:18:31Z")

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Lol at this rate we’ll be in 90k territory by jan.

Here’s what I find amazing and fun (and lost potential learning it) is how IOTA keeps growing with bitcoin. As bitcoin grows, iota keeps going through ups and downs but going strong $3-$5. As soon as bitcoin stops growing, IOTA starts going to $4 but the neat thing is that it costs less and less in BTC while each “token” struggling to keep at the $3-$5 mark.

If you do the math ( I haven’t yet) if Bitcoin stopped for a few days a few days ago, IOTA would be at least $10. Whether that will continue is another story. I)

Edit: it took me some time (and money) to get understand the live data I am seeing over the past few days. Basically as you sell at one price point in btc, at the rate it is going, eventually it HAS to dip(1-4 hours) below what your lower buy price is. This way you end up gaining tokens , and if say bitcoin stops for a day or two and IOTA starts growing again you are really winning.

Before anybody talks about the risk, I am well aware 😉

Edit:2

Now I feel dumb again…in the process you are losing actual BTC , and can only get back all of it if in the future IOTA surges back to the same share per btc. In which case it is just best then to just keep buying small amounts at the lowest btc/dollar ratio and if then it surges back to say 1/250 price of btc, THEN you win bigly. Sorry guys I am learning as I go 😃

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [December 7, 2017, 6:20am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/407 "2017-12-07T06:20:40Z")

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$16k

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**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\
**Post date:** [December 7, 2017, 6:22am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/408 "2017-12-07T06:22:44Z")

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> [@LZ](#):
>
> If you buy on coinbase the transaction takes 5-7 days to show up in your account but you buy at current price

So I bought some litecoin and I’m waiting a little bit on the BTC hoping it comes down a little bit. I have a feeling it’s just gonna keep going up.

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**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [December 7, 2017, 7:10am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/409 "2017-12-07T07:10:28Z")

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Hahahahaha i finally got it! I dont give a shit about iota tokens because i am trading to earn bitcoin using iota as a tool. You guys must think im stupid 😃

Even with $150+ as seed try it. As you track on the upswing by 50 at a time and sell 50 at a time .0000100-200 over that translates to about $8 each time this on binance. With good timing you can make quite a bit / hr. This is better than Runescape trading rofl

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [December 7, 2017, 7:17am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/410 "2017-12-07T07:17:03Z")

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Coinbase was down for a few moments, lol.

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**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\
**Post date:** [December 7, 2017, 7:26am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/411 "2017-12-07T07:26:56Z")

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Almost at 17k now. I bought it at 16k I wish I bought it last night at 15k lol

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 7, 2017, 7:33am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/412 "2017-12-07T07:33:55Z")

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> [@Onyx Z32](#):
>
> Coinbase was down for a few moments, lol.

still down for me in the broswer

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [December 7, 2017, 7:35am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/413 "2017-12-07T07:35:29Z")

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> [@bing](#):
>
> still down for me in the broswer

Keep refreshing, you’ll get in

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 7, 2017, 7:41am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/414 "2017-12-07T07:41:35Z")

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There goes your dip :lol:

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**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\
**Post date:** [December 7, 2017, 7:46am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/415 "2017-12-07T07:46:08Z")

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I’m using the App on my cell phone, it was down on the actual website?

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [December 7, 2017, 7:47am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/416 "2017-12-07T07:47:46Z")

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> [@LZ](#):
>
> There goes your dip :lol:

 ![https://d2gg9evh47fn9z.cloudfront.net/800px_COLOURBOX1993876.jpg](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/5/c/5c878c6d82d496fc72e9024e77dde449ccc43675.jpeg)

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [December 7, 2017, 7:49am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/417 "2017-12-07T07:49:46Z")

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My favorite part is that RSI has been overbought for almost a month on the daily chart. Haha

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [December 7, 2017, 7:57am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/418 "2017-12-07T07:57:30Z")

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Speaking of the dip, @boxxa what’s the best place for real time data? GDAX seems to have taken a shit as soon as a ton of sell orders went though. My GDAX says BTC @ ~$16.5k but other places are saying ~$15.2k.

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [December 7, 2017, 8:00am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/419 "2017-12-07T08:00:58Z")

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> [@Onyx Z32](#):
>
> Speaking of the dip, @**[boxxa](http://www.nyspeed.com/member.php?u=2593)** what’s the best place for real time data? GDAX seems to have taken a shit as soon as a ton of sell orders went though. My GDAX says BTC @ ~$16.5k but other places are saying ~$15.2k.

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>
> We’re looking forward to welcoming Cryptowatch users to experience the advanced trading capabilities of the new Kraken Pro interface. Built to cater to the most discerning traders, Kraken Pro isn’t just a spot trading platform – it enables margin and...

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [December 7, 2017, 8:02am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/420 "2017-12-07T08:02:50Z")

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> [@boxxa](#):
>
> [https://cryptowat.ch/](https://cryptowat.ch/)

Been using that :tup:

So why the ~$1k discrepancy between GDAX?

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